Factory orders and revisions to the Oct durable goods report:
- Prior factory orders -1.0% (revised to -0.8%)
- Factory orders ex transport vs +1.4% exp
- Prior factory orders ex transport -0.6%
Durable goods:
- Orders 2.9% vs 3.0% previously
- Ex transportation 2.9% vs 3.0% previously
- Cap goods orders nondefense ex air 1.3%, unchanged
- Cap goods shipments nondefense ex air -0.5% vs -0.4% prior
Overall there's no much to take away here. It's all very close to the previous readings and/or expectations. Still it looks like Q4 started off on a weak footing.
